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Pacific Crest Securities

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Best Managed I-Bank on Wall Street - Anonymous employee Pacific Crest Securities Employee Review

5.0
29 Oct 2016
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Up through 2015: Meritocracy; collaborative; low politics; fair compensation; great work culture; full service platform; focused on the long term and building a platform; no/low micro management; good people trying to do the right thing; management is humble and admits when they make a mistake

Cons

Now part of a larger bank with more regulation and compliance

Explore other reviews about Pacific Crest Securities

5.0
29 July 2019
Recommend
CEO approval
Business outlook

Pros

Learned a lot from the staff here, small team but that means that you are given more responsibility

Cons

Continue to invest in junior team since they are strong support

1.0
13 Dec 2013
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Some of the coworkers are friendly. Good place to learn if you have 0 yrs exp in finance. Portland is a nice, quaint town and the city environment is fantastic. Always something to do in Portland.

Cons

The compensation for juniors and mid-level is outrageously low, partially because mgmt understands that they are the only firm in town. Management has even jokingly at a function that the firm has leverage on the employees because Portland is so far away from everywhere else and it would be a pain to move their families. Even the 401K matching is lower than the street average. This type of thinking causes the firm to inculcate one of the worst cultures on the street. Management turns a blind side to abusive relationships and instills a my-way or highway type of attitude towards the employees, resulting in low company morale. Inexperienced HR department to resolve issues. Career advancement is limited, due to fear of employees jumping ship. Much of employee payouts hampered private equity backing.

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